South Korean government consider merger between the two large shipbuilding companies in the country – Samsung Heavy Industries and Daewoo Shipbu...
MSC Cruises ordered four newbuilding at STX Shipyard in France
The cruise company MSC Cruises posted order for construction of four modern and large cruise ships at STX Shipyard in Saint-Nazete, France. The total ...
Cosco Guangdong Shipyard cut employees against lack of new orders
Cosco Guangdong Shipyard cut employees and reduce salaries of remaining, due to lack of new orders. The shipyard is major offshore plant of Cosco Ship...
South Korean shipbuilders receive low number of orders in Q1 2016
South Korean shipbuilders reported lowest number of orders in Q1 2016 in the last 15 years. In the first quarter of the year, the total number of orde...